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An announcement from Qilian International Holding Group Limited ( (BGM) ) is now available.
BGM Group Ltd has successfully completed the acquisition of 100% equity interest in Patriton Limited, which includes RONS Intelligent Technology and Shenzhen Xinbao Investment Management. As part of the transaction, BGM issued nearly 70 million Class A ordinary shares to AIX Inc., giving AIX a 72% stake in BGM’s outstanding shares. This acquisition provides BGM full control over RONS Technology and its subsidiaries, with plans to leverage synergies and opportunities to enhance shareholder value.
More about Qilian International Holding Group Limited
YTD Price Performance: 27.40%
Average Trading Volume: 27,625
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $82.31M
For a thorough assessment of BGM stock, go to TipRanks’ Stock Analysis page.
